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The Collaborative International Dictionary
Wet goods

Wet \Wet\ (w[e^]t), a. [Compar. Wetter; superl. Wettest.] [OE. wet, weet, AS. w[=ae]t; akin to OFries. w[=e]t, Icel. v[=a]tr, Sw. v[*a]t, Dan. vaad, and E. water. [root]137. See Water.]

  1. Containing, or consisting of, water or other liquid; moist; soaked with a liquid; having water or other liquid upon the surface; as, wet land; a wet cloth; a wet table. ``Wet cheeks.''
    --Shak.

  2. Very damp; rainy; as, wet weather; a wet season. ``Wet October's torrent flood.''
    --Milton.

  3. (Chem.) Employing, or done by means of, water or some other liquid; as, the wet extraction of copper, in distinction from dry extraction in which dry heat or fusion is employed.

  4. Refreshed with liquor; drunk. [Slang]
    --Prior.

    Wet blanket, Wet dock, etc. See under Blanket, Dock, etc.

    Wet goods, intoxicating liquors. [Slang]

    Syn: Nasty; humid; damp; moist. See Nasty.

Wiktionary
wet goods

n. (context dated slang English) intoxicating liquors